Worried about the possibility of the second wave of coronavirus, investors started shedding their assets, which led to a more than 3% drop in oil prices worldwide. Both the ICE
As of 8 a.m. (Moscow time), July contracts for the European Brent crude oil have grown by $ 0.17 (0.57%) to $ 29.89 per barrel. We recall that yesterday, the
The analysts will remember the past week because of the two events – the incident with the Iranian tanker and the thaw in relations between the two world superpowers. These
On Wednesday, oil continues to fall in price. There is a decline due to the promises of Saudi Arabia to maintain the same volume of supplies thanks to the reserves.
The data from the US Department of Energy caused the fall of prices. Investors’ reaction to these data was not